Credit Card Debt in Bankruptcy

The Chapter 13 Bankruptcy Repayment Plan

You must be able to devise a repayment plan that you can afford for the repayment period (three to five years), and the court must approve the plan.

Keeping a Credit Card in Chapter 7 Bankruptcy

If you file for Chapter 7 bankruptcy, can you keep a credit card so you can use it afterward? While it generally is not a good idea to keep a credit card in Chapter 7 bankruptcy, in most cases you can do it.

Debt Settlement Can't Protect You from Being Sued by Credit Card Companies

People often turn to debt settlement or debt consolidation agencies in a good faith attempt to pay back their debts.

How long before filing bankruptcy are you supposed to stop using the credit cards?

I am considering filing for bankruptcy because I have recently lost my job, and have no means to repay my outstanding debts. I can hardly cover my daily expenses without my credit card. I know...

Can my credit card company fight my bankruptcy?

It is rare for a credit card company to challenge the validity of your entire bankruptcy (it would do this by seeking to dismiss your case). It is more likely that a credit card company would cause you trouble by objecting to the discharge of its particular debt.

Running Up Credit Cards Before Filing Bankruptcy: Is it Fraud?

Filing bankruptcy can help you get rid of credit card debt; however, if you use your credit cards excessively knowing you intend to file bankruptcy, the credit card company can accuse you of fraud and take steps to make sure you still have to repay the debt.

Can I use my credit card before I file for bankruptcy?

While you can use your credit cards before filing for bankruptcy, it's usually best to stop using them altogether. Depending on how you use them and what you use them for, you could run the risk of having to repay the debt after your bankruptcy is over. If you use your credit cards for necessities prior to bankruptcy, you'll probably be in the clear.

I paid off some student loans with a credit card. Can I discharge them in bankruptcy?

Typically, it is difficult to wipe out (discharge) student loans in bankruptcy. Credit card debt, on the other hand, is often discharged almost automatically. Does that mean you can pay your student loans with your credit card and then discharge that debt in bankruptcy? Read on to learn why this tactic

Can a credit card company sue me if I'm making partial payments?

Question I lost my job a few months ago and I’ve been using my credit card to pay for many of my expenses. Now, I have a large outstanding balance on that credit card of over $10,000. I can’t afford to make the minimum payment right now. If I make partial payments of less than the minimum amount

The New Bankruptcy: Will It Work for You?

Is bankruptcy the right solution for your overwhelming debts? Pick the best strategies for your situation with the information and practical suggestions in this book by best-selling author Stephen Elias.

How to File for Chapter 7 Bankruptcy

The reliable, up-to-date information in this best-selling book will help you successfully complete your bankruptcy claim without breaking the bank.

Chapter 13 Bankruptcy: Keep Your Property & Repay Debts Over Time

This comprehensive guide explains the Chapter 13 process, from start to finish.